Grand Rapids-Kentwood, MI · Michigan

Ottawa County

ZIP 49401

298,614 residents1,247 permits TTM$87,144 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$291,200

ACS 5-Year

Cap rate proxy

4.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.8%

HUD FMR ÷ ACS HHI

Net migration

+2.02%

IRS SOI

Permits (TTM)

1,247

Census BPS

Climate risk

82.9

FEMA NRI (0–100)

ZIP 49401

Median home value

Gross yield

Buy Box score

0.8

Section 8 gap

Affordability

P/I: 4.6R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown16 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
494040.8
494280.8
494030.8
494480.8
494640.8
495340.8
494010.8
494350.7
494260.7
494240.7
494600.5
494560.4
494170.4
49409
49430
49434

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

78.5%

Census ACS

Vacancy rate

5.3%

Census ACS

Bachelor's degree +

37.5%

Census ACS

Rent burdened

44.4%

Census ACS (>30% income)

Median age

36.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026